News

June 3, 2013 01:06 PM
Shifts in mortgage spread fuel REIT flows

Volatile rate movements are sparking fears that real estate investment trusts may be forced to sell agency mortgage-backed securities, analysts claim.

Some investors now argue that agency REITs – which have a portfolio size rivaling Fannie Mae and Freddie Mac...

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June 3, 2013 11:32 AM
Saving property values in the wake of foreclosure

Asset management firms are in a constant race to preserve local home values through the effective upkeep of vacant properties.

At HousingWire's Real Estate Expo (REX Annual) on Monday, experts spoke on the subject of "Help Us Save Our Neighborhoods...

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June 3, 2013 11:08 AM
Saving property values in the wake of foreclosure

Asset management firms are in a constant race to preserve local home values through the effective upkeep of vacant properties.

At HousingWire's Real Estate Expo (REX Annual) on Monday, experts spoke on the subject of "Help Us Save Our Neighborhoods...

Read More
June 3, 2013 10:36 AM
Unknown principal forbearance risk fuels $1 billion in RMBS losses

The rapid transfer of servicing obligations can take a toll whenever a new mortgage servicer unexpectedly sees losses stemming from issues that developed before it took over the servicing function.

Analysts with Moody’s Credit Outlook provided a perfect example of this,...

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June 3, 2013 10:44 AM
MBA calls for equal access to secondary market for small lenders

Any reform to the secondary market should provide smaller lenders with equal access to that segment of the market, while also containing an explicit federal guarantee for certain mortgage-backed securities, the Mortgage Bankers Association (MBA) said Monday. 

Efforts...

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June 3, 2013 10:27 AM
MBA calls for equal access to secondary market for small lenders

Any reform to the secondary market should provide smaller lenders with equal access to that segment of the market, while also containing an explicit federal guarantee for certain mortgage-backed securities, the Mortgage Bankers Association (MBA) said Monday. 

Efforts...

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June 3, 2013 09:12 AM
RMBS servicers lean more heavily on short sales

Since the 2008 financial crisis, servicers dealing with loans tied to residential mortgage-backed securities have changed with the times – moving from a sharp focus on loan modifications to short sales.  

A new report from Fitch Ratings claims over the last few years...

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June 3, 2013 12:00 AM
Monday Morning Cup of Coffee: Bernanke successor hangs in limbo

HousingWire's Monday Morning Cup of Coffee takes a look at news from the weekend with more coverage on bigger issues. 

If anyone can take a joke, it's Federal Reserve Chairman Ben Bernanke.

During a speech to new Princeton University graduates on Sunday,...

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June 2, 2013 03:09 PM
Monday Morning Cup of Coffee: Bernanke successor hangs in limbo

HousingWire's Monday Morning Cup of Coffee takes a look at news from the weekend with more coverage on bigger issues. 

If anyone can take a joke, it's Federal Reserve Chairman Ben Bernanke.

During a speech to new Princeton University graduates on Sunday,...

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May 31, 2013 03:46 PM
BofA, MBIA settlement is credit positive for military housing bonds

A recent settlement between Bank of America and MBIA Insurance Corp in regards to MBIA’s suit against the mega bank over...

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May 31, 2013 01:34 PM
BofA, MBIA settlement is credit positive for military housing bonds

A recent settlement between Bank of America and MBIA Insurance Corp in regards to MBIA’s suit against the mega bank over...

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May 31, 2013 01:12 PM
HUD grants $109 million to transform housing and communities

The U.S. Department of Housing and Urban Development announced Friday that it will provide $109 million in grants to revitalize public and HUD-assisted housing in order to revitalize communities. 

HUD’s Choice Neighborhoods...

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May 31, 2013 03:19 PM
Issues linger with CFPB ability-to-repay

Small community banks and credit unions have continuously voiced their concerns to the Consumer Financial Protection Bureau regarding the impending Ability-to-Repay rule.

"The Bureau had to make a number of difficult calls very early in its existence, so it ...

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May 31, 2013 12:52 PM
Issues linger with CFPB ability-to-repay

Small community banks and credit unions have continuously voiced their concerns to the Consumer Financial Protection Bureau regarding the impending Ability-to-Repay rule.

"The Bureau had to make a number of difficult calls very early in its existence, so it ...

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May 31, 2013 11:30 AM
Nationstar to price massive servicer advance securitization series

[Update 1: Reflects deals yet to price.]

Nationstar Mortgage  ($43.12 0.92%) to price five servicer advanced...

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